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"Hard work" will pretty soon not be enough to achieve whatever American Dream you might have achieved for yourself. The bar is getting higher and higher. In the
by PopsiclePete 9y ago
"Hard work" will pretty soon not be enough to achieve whatever American Dream you might have achieved for yourself. The bar is getting higher and higher. In the 1950's any half-wit with a high-school degree could get a decent factory job and raise two kids in a 2-car-garage-picket-fence-in-the-suburbs. A lot of those jobs are just gone now and never coming back. What are people who can't go into STEM supposed to do now? What about in 20 years, after advances in machine learning and AI eliminate even more jobs that used to put food on the table? Work harder?
Yes, those of us in software can just be smart and work hard and be successful, but millions of others will not be, and it will be harder for them to get to where we've gotten to. Telling them to suck it up and "work harder" is exactly how you get wealth distribution, in fact. On terms you really won't like, just ask the Romanovs.
Millenials are the first generation in a long time to be worse off than their parents, and no, it's not because of avocado toast or iphones alone.
The "temporarily embarrassed millionaire" rhetoric is indeed meant to frighten, but your "anyone can make it if they work hard" is so mid-to-late-20th century Reagan-era rose-colored-glasses adorable, it's positively quaint. Let's just ignore automation and globalization and supply outstripping demand and tell those lazy kids to just get a job, eh?